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Profit Crashes 75%, But Alibaba Doubles Down On AI With $10 Billion Raise

Alibaba plans to raise $10.2 billion through a Hong Kong share placement, with the proceeds set to fund its full-stack AI capabilities and computing infrastructure.

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NDTVCenter·4h ago
Profit Crashes 75%, But Alibaba Doubles Down On AI With $10 Billion Raise
Alibaba plans to raise $10.2 billion through a Hong Kong share placement, with the proceeds set to fund its full-stack AI capabilities and computing infrastructure.
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Profit Crashes 75%, But Alibaba Doubles Down On AI With $10 Billion Raise

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Profit Crashes 75%, But Alibaba Doubles Down On AI With $10 Billion Raise

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